Binance: Sonic token $S supply increases to 3.89 billion, and an additional $50 million $S will be issued if an ETF agreement is reached

PANews reported on September 3rd that Binance announced that the supply of Sonic (S) tokens will increase following the approval of the latest proposal, with the total supply increasing from approximately 3.41 billion to approximately 3.89 billion, and the circulating supply increasing by 472 million, a 14.2% increase. Furthermore, if the ETF agreement is finally reached, an additional $50 million worth of Sonic (S) will be added to the total supply.

Earlier news reported that Sonic Labs' proposal to "promote the entry of S tokens into the traditional US capital market" has been passed by the community vote .

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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